RedFox Bitcoin

Pay with Bitcoin

Bitcoin? What's that?

Bitcoin is an amazing new and safe digital currency, almost like virtual cash money. It's decentralized with no or very low fees. Not like Dollar, Euro, or Yen, Bitcoin is not issued and controlled by a government or institution, Bitcoin is a peer-to-peer community currency. Rather than going through a bank or financial institution, payments are exchanged directly from person to person. Bitcoin is the future of global e-commerce and we at RedFox would not accept Bitcoin if we were not 100% sure about this new currency.

How to deal with Bitcoins?

First of all you need a wallet for your Bitcoins. There are two options for a Bitcoin wallet:

Web Wallet:
You can use an online wallet such as BitGo.
With this option you don't have to install anything, but you have to take great care not to lose your password and you need to trust the site operator to keep your wallet safe.

Bitcoin Client:
If you prefer to have your Bitcoins locally on your computer, you have to install a software on your PC. A lightweight and easy to use Bitcoin client is Electrum. Electrum's focus is speed and simplicity, with low resource usage. It uses remote servers that handle the most complicated parts of the Bitcoin system, and it allows you to recover your wallet from a secret phrase.

Where can I get Bitcoins?

Once you have a wallet, the second step will be to get some Bitcoins into your wallet through one of several currency exchanges, such as Bitstamp, Bitfinex, or btc-e. Bitcoin can be purchased by arranging to meet a local seller using LocalBitcoins.

More information, wallets, and ways how to get Bitcoin can be found at Bitcoin.org.